Iraq approves three-month mechanism for crude oil exports via local, international firms, starting Sept 1
Reuters2026/08/18 21:17Aug 19 (Reuters) - Iraq's cabinet approved mechanisms for exporting Iraqi crude through specialised international and local companies and via multiple export outlets, the government said.
The contracts under the new mechanism will run for three months starting September 1, according to a statement issued after the cabinet meeting.
(Reporting by Ahmed Rasheed and Ahmed Tolba; Editing by Chris Reese)
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